Expensify, Inc.
US ˙ NasdaqGS ˙ US30219Q1067

Introduction

This page provides a comprehensive analysis of the known insider trading history of Anuradha Muralidharan. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Anuradha Muralidharan has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:EXFY / Expensify, Inc. Chief Operating Officer, Director 61,041
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Anuradha Muralidharan. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases EXFY / Expensify, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EXFY / Expensify, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EXFY / Expensify, Inc. Insider Trades
Insider Sales EXFY / Expensify, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EXFY / Expensify, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2025-08-27 EXFY Muralidharan Anuradha 25,245 1.9400 25,245 1.9400 48,975 7 1.8800 -1,514 -3.09
2025-08-20 EXFY Muralidharan Anuradha 1,558 1.7200 1,558 1.7200 2,680
2025-06-17 EXFY Muralidharan Anuradha 521 2.2800 521 2.2800 1,188
2025-05-30 EXFY Muralidharan Anuradha 90 2.2200 90 2.2200 200
2025-03-20 EXFY Muralidharan Anuradha 143 3.2700 143 3.2700 468
2025-03-19 EXFY Muralidharan Anuradha 2,738 3.3100 2,738 3.3100 9,063
2025-03-07 EXFY Muralidharan Anuradha 6,884 3.5300 6,884 3.5300 24,301
2024-12-18 EXFY Muralidharan Anuradha 12,320 3.8500 12,320 3.8500 47,432
2024-12-17 EXFY Muralidharan Anuradha 139 3.8200 139 3.8200 531
2024-12-16 EXFY Muralidharan Anuradha 2,676 3.8400 2,676 3.8400 10,276
2024-12-06 EXFY Muralidharan Anuradha 8,658 3.6500 8,658 3.6500 31,602
2024-12-03 EXFY Muralidharan Anuradha 29,410 3.4000 29,410 3.4000 99,994
2024-11-14 EXFY Muralidharan Anuradha 5,739 2.9300 5,739 2.9300 16,815
2024-09-17 EXFY Muralidharan Anuradha 198 2.2700 198 2.2700 449
2024-09-16 EXFY Muralidharan Anuradha 2,928 2.2800 2,928 2.2800 6,676
2024-09-05 EXFY Muralidharan Anuradha 20,000 2.2400 20,000 2.2400 44,800
2024-08-28 EXFY Muralidharan Anuradha 14,180 2.2000 14,180 2.2000 31,196
2024-08-19 EXFY Muralidharan Anuradha 20,000 2.3500 20,000 2.3500 47,000
2024-06-18 EXFY Muralidharan Anuradha 724 1.3000 724 1.3000 941
2024-06-17 EXFY Muralidharan Anuradha 2,682 1.3400 2,682 1.3400 3,594
2024-06-05 EXFY Muralidharan Anuradha 21,118 1.4300 21,118 1.4300 30,199
2024-06-03 EXFY Muralidharan Anuradha 17,520 1.5000 17,520 1.5000 26,280
2024-03-20 EXFY Muralidharan Anuradha 2,816 1.9100 2,816 1.9100 5,379
2024-03-15 EXFY Muralidharan Anuradha 608 2.0000 608 2.0000 1,216
2024-03-13 EXFY Muralidharan Anuradha 20,000 2.1500 20,000 2.1500 43,000
2024-03-11 EXFY Muralidharan Anuradha 16,584 2.1400 16,584 2.1400 35,490
2023-12-19 EXFY Muralidharan Anuradha 2,659 2.3100 2,659 2.3100 6,142
2023-12-15 EXFY Muralidharan Anuradha 584 2.4400 584 2.4400 1,425
2023-12-06 EXFY Muralidharan Anuradha 26,580 2.5600 26,580 2.5600 68,045
2023-11-30 EXFY Muralidharan Anuradha 19,503 2.4100 19,503 2.4100 47,002
2023-09-15 EXFY Muralidharan Anuradha 13,000 3.6300 13,000 3.6300 47,190
2023-06-13 EXFY Muralidharan Anuradha 14,390 7.0000 14,390 7.0000 100,730

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EXFY / Expensify, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Anuradha Muralidharan as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2025-09-05 2025-08-27 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -25,245 61,041 -29.26 1.94 -48,975 118,420
2025-08-22 2025-08-20 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -1,558 86,286 -1.77 1.72 -2,680 148,412
2025-08-22 2025-08-19 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 3,805 87,844 4.53
2025-06-18 2025-06-17 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -521 84,039 -0.62 2.28 -1,188 191,609
2025-06-18 2025-06-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,169 84,560 3.89
2025-06-18 2025-06-13 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1,322 81,391 1.65
2025-06-18 2025-06-13 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 11,605 80,069 16.95 2.29 26,575 183,358
2025-06-05 2025-05-30 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -90 68,464 -0.13 2.22 -200 151,990
2025-06-05 2025-05-29 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 220 68,554 0.32
2025-04-24 2025-03-07 4/A EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -6,884 67,719 -9.23 3.53 -24,301 239,048
2025-04-24 2025-03-20 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -143 68,334 -0.21 3.27 -468 223,452
2025-04-24 2025-03-19 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,738 68,477 -3.84 3.31 -9,063 226,659
2025-04-24 2025-03-17 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 328 71,215 0.46
2025-04-24 2025-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 70,887 4.68
2025-03-10 2025-03-06 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 14,980 74,603 25.12
2024-12-19 2024-06-18 4/A EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -724 59,623 -1.20 1.30 -941 77,510
2024-12-18 2024-12-18 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -12,320 4,614 -72.75 3.85 -47,432 17,764
2024-12-18 2024-12-17 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -139 16,934 -0.81 3.82 -531 64,688
2024-12-18 2024-12-16 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 319 17,073 1.90
2024-12-18 2024-12-16 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,676 16,754 -13.77 3.84 -10,276 64,335
2024-12-18 2024-12-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,169 19,430 19.49
2024-12-09 2024-12-06 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -8,658 16,261 -34.74 3.65 -31,602 59,353
2024-12-09 2024-12-05 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 20,978 24,919 532.30
2024-12-05 2024-12-03 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -29,410 3,941 -88.18 3.40 -99,994 13,399
2024-11-19 2024-11-14 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -5,739 33,351 -14.68 2.93 -16,815 97,718
2024-09-19 2024-09-17 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -198 39,090 -0.50 2.27 -449 88,734
2024-09-19 2024-09-17 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 438 39,288 1.13
2024-09-19 2024-09-16 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,928 38,850 -7.01 2.28 -6,676 88,578
2024-09-19 2024-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 41,778 8.21
2024-09-17 2024-09-05 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -20,000 38,610 -34.12 2.24 -44,800 86,486
2024-08-30 2024-08-28 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -14,180 58,610 -19.48 2.20 -31,196 128,942
2024-08-30 2024-08-28 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 32,566 72,790 80.96
2024-08-21 2024-08-19 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -20,000 40,224 -33.21 2.35 -47,000 94,526
2024-08-19 2024-08-06 4 EXFY Expensify, Inc.
Class A Common Stock 		D - Sale to Issuer -123 60,224 -0.20
2024-06-18 2024-06-17 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,682 60,347 -4.26 1.34 -3,594 80,865
2024-06-18 2024-06-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,169 63,029 5.29
2024-06-18 2024-06-14 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1,600 59,860 2.75
2024-06-18 2024-06-14 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1 58,260 0.00 1.35 1 78,651
2024-06-06 2024-06-05 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -21,118 58,259 -26.60 1.43 -30,199 83,310
2024-06-06 2024-06-03 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -17,520 79,377 -18.08 1.50 -26,280 119,066
2024-06-06 2024-06-03 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 38,638 96,897 66.32
2024-03-28 2024-03-20 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,816 58,259 -4.61 1.91 -5,379 111,275
2024-03-28 2024-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 61,075 5.47
2024-03-28 2024-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -608 57,907 -1.04 2.00 -1,216 115,814
2024-03-28 2024-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1,435 58,515 2.51
2024-03-14 2024-03-13 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -20,000 57,080 -25.95 2.15 -43,000 122,722
2024-03-14 2024-03-11 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -16,584 77,080 -17.71 2.14 -35,490 164,951
2024-03-14 2024-03-11 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 36,967 93,664 65.20
2023-12-22 2023-12-19 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -2,659 56,697 -4.48 2.31 -6,142 130,970
2023-12-22 2023-12-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 59,356 5.64
2023-12-22 2023-12-15 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -584 56,188 -1.03 2.44 -1,425 137,099
2023-12-22 2023-12-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1,395 56,772 2.52
2023-12-22 2023-12-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1 55,377 0.00 2.51 3 138,996
2023-12-08 2023-12-06 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -26,580 55,376 -32.43 2.56 -68,045 141,763
2023-12-01 2023-11-30 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -19,503 81,956 -19.22 2.41 -47,002 197,514
2023-12-01 2023-11-29 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 46,083 101,459 83.22
2023-12-01 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -8,270 55,376 -12.99 4.11 -33,990 227,595
2023-12-01 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 20,518 63,646 47.57
2023-10-10 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -2,555 43,128 -5.59 3.46 -8,840 149,223
2023-10-10 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,169 45,683 7.45
2023-10-10 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -307 42,514 -0.72 3.81 -1,170 161,978
2023-10-10 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 760 42,821 1.81
2023-10-10 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1 42,061 0.00 3.84 4 161,514
2023-10-05 2023-09-15 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -13,000 42,060 -23.61 3.63 -47,190 152,678
2023-08-01 2023-07-24 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 5,394 55,060 10.86
2023-06-16 2023-06-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -2,554 49,666 -4.89 7.15 -18,261 355,112
2023-06-16 2023-06-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 52,220 6.46
2023-06-16 2023-06-14 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -192 49,052 -0.39 7.00 -1,344 343,364
2023-06-16 2023-06-14 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 476 49,244 0.98
2023-06-16 2023-06-14 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 1 48,768 0.00 6.96 7 339,425
2023-06-15 2023-06-13 4 EXFY Expensify, Inc.
Class A Common Stock 		S - Sale -14,390 48,767 -22.78 7.00 -100,730 341,369
2023-03-17 2023-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -2,576 63,157 -3.92 7.55 -19,449 476,835
2023-03-17 2023-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		M - Exercise 3,169 65,733 5.07
2023-03-17 2023-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		F - Taxes -190 62,564 -0.30 7.32 -1,391 457,968
2023-03-17 2023-03-15 4 EXFY Expensify, Inc.
Class A Common Stock 		A - Award 465 62,754 0.75
2023-01-30 2023-01-26 4 [EXFY] Expensify, Inc.
Class A Common Stock 		S - Sale X -20,000 62,289 -24.30 10.00 -200,000 622,890
2022-12-19 2022-12-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		F - Taxes -977 82,289 -1.17 9.30 -9,086 765,288
2022-12-19 2022-12-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		M - Exercise 3,168 83,266 3.96
2022-12-19 2022-12-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		F - Taxes -156 80,098 -0.19 9.49 -1,480 760,130
2022-12-19 2022-12-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 450 80,254 0.56
2022-12-19 2022-12-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 2,625 79,804 3.40 9.51 24,964 758,936
2022-11-16 2022-11-14 4 [EXFY] Expensify, Inc.
Class A Common Stock 		J - Other -12,000 77,179 -13.46
2022-09-19 2022-09-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		F - Taxes -8,609 89,179 -8.80 16.25 -139,896 1,449,159
2022-09-19 2022-09-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		M - Exercise 12,674 97,788 14.89
2022-09-19 2022-09-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		F - Taxes -75 85,114 -0.09 16.64 -1,248 1,416,297
2022-09-19 2022-09-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 307 85,189 0.36
2022-09-19 2022-09-15 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 3,607 84,882 4.44 16.70 60,237 1,417,529
2022-06-27 2022-06-14 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 121 81,275 0.15
2022-06-27 2022-06-14 4 [EXFY] Expensify, Inc.
Class A Common Stock 		A - Award 2,404 81,154 3.05 17.42 41,878 1,413,703
2021-12-16 2021-12-16 4 [EXFY] Expensify, Inc.
Stock Option 		M - Exercise -1,380 5,500 -20.06
2021-12-16 2021-12-16 4 [EXFY] Expensify, Inc.
Stock Option 		M - Exercise -570 30,800 -1.82
2021-12-16 2021-12-16 4 [EXFY] Expensify, Inc.
Class A Common Stock 		M - Exercise 1,380 78,750 1.78 12.97 17,899 1,021,388
2021-12-16 2021-12-16 4 [EXFY] Expensify, Inc.
Class A Common Stock 		M - Exercise 570 77,370 0.74 7.21 4,110 557,838
2021-11-09 3 [EXFY] Expensify, Inc.
Class A Common Stock 		76,800
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)